Debswana, BITC team up for major machinery repair centre
Friday, August 02, 2024 | 240 Views |
Talking partnerships: Moakufi PIC: MORERI SEJAKGOMO
The initiative comes in response to the realisation that despite Botswana’s status as a prominent mining hub, Debswana has been spending billions of pula on machinery repairs in South Africa. The establishment of a local repair and maintenance centre aims to keep these funds within the country, fostering economic growth and creating job opportunities.
The groundwork for this initiative was laid in 2020 when Debswana and BITC signed a Memorandum of Understanding formalising their commitment to explore and develop opportunities that would enhance Botswana’s industrial capabilities and reduce dependency on external services.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...